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New5 days ago

27 WELLINGTON Street

451 - Downtown, St. Catharines

$498,888

Detached|2-Storey
3 | 2 | 2
About this home

~~ FANTASTIC STARTER HOME & INVESTMENT OPPORTUNITY! ~~ Discover the potential of this spacious 3+2 bedroom, 2-storey home in the heart of Downtown St. Catharines! Perfect for first-time buyers, investors, or those looking to add their personal touch. Featuring 5 bedrooms, 2 full bathrooms, spacious living areas, an updated kitchen, and laminate flooring. This property offers incredible potential with some TLC and cosmetic upgrades to truly make it your own! Situated in an extremely convenient and desirable location, just steps from the Downtown Heritage District, Montebello Park, restaurants, shopping, public transit, and everyday amenities. Directly across from the Regent Student Development, offering excellent appeal for investors and students alike. Enjoy a 5-minute walk to Montebello Park, approximately 10 minutes to Downtown St. Catharines and the Bus Terminal, with convenient transit access to Brock University. Whether you're looking for an affordable place to call home or an investment property with upside potential, this is your opportunity to renovate, customize, and unlock its full value. ~~ PRIME LOCATION, GREAT POTENTIAL & ENDLESS POSSIBILITIES!~~

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$3,058
Lot Size33 ft x 62.7 ft
mls© NumberX14103730
Listed ByHOMELIFE SUPERSTARS REAL ESTATE LIMITED

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,554
Property tax
$255
Heat allowance
$150
Housing costs
$2,958 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $99,778
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$2,099 / mo
Cash down
$99,778

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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